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Investment banking is a highly competitive field. The job tends to require a fairly high skill set but the difficulty really depends on the position, being the head of an investment bank is a high stress position that is extremely difficult, hence the high wages they earn, in contrast working on the buy/sell side of things can be substantially easier.

An MBA will open paths for you to get into large firms but Experience is what really matters in this field, its a long path to the top.

in terms of math you can probably get away with a strong understanding of algebra, unless you work for a firm that employs complex formulas and computer buying and selling, and even then it is unlikely you would need more than algebra.

Investment banking is really one of the most competitive career. You really need the guts and skills to be successful on this. An investment bank is a financial institution that assists corporations and governments in raising capital by underwriting and acting as the agent in the issuance of securities. An investment bank also assists companies involved in mergers and acquisitions, divestitures, etc. Further to provide ancillary services such as market making and the trading of derivatives, fixed income instruments, foreign exchange, commodity, and equity securities.